Financial data from an entitys financial statements at December 31, 20x4 and 20x5 is as follows:

	Dec 31, 20x5	Dec 31, 20x4
Total Assets	$5663000	$5266000
Revenue	7656000	7077000
Net income	472000	433000

What is the asset turnover for the year ended December 31, 20x5?

Select one:

a. 1.30

b. 1.40

c. 1.35

d. 0.09